Expropriation Bill: Speaker must allow amendments before this anti-jobs Bill is passed
18 February 2016
The Expropriation Bill adopted by the Portfolio Committee of Public Works on 02 February 2016, is at odds with the Constitution and has the potential to give way to unchecked seizure of property by the government. This will do immeasurable damage to the already strained economy by increasing risk and uncertainty for investors and spurring on disinvestment. Ultimately this will cost South Africa jobs.
The DA’s objection to the adoption of this anti-jobs Bill fell on deaf ears with the ANC dominated committee accepting it without resolving one of the most important issues we raised.
I have therefore written to the Secretary of the National Assembly (NA), Masibulele Xaso, to include the DA’s further amendments to the Bill, before it is debated in Parliament.
If President Zuma’s ANC is serious about job creation and establishing South Africa as an investment friendly destination, it will not pass this Bill until the plethora of issues remaining have been resolved.